Energy Reports

Hungary energy report

Hungary energy market analysis is derived from the most recent key economic indicators, supply and demand factors, oil & gas pricing trends and major energy issues and developments surrounding the energy industry. The analysis includes a comprehensive energy market report and updated Hungary energy market data.

Hungary energy report
Update: October, 2017
Format: 2 files (PDF report, Excel file)
Pages: 42 (Report only)
Delivery: Immediate by e-mail


Hungary energy market report offers an incisive and reliable overview of the energy sector in Hungary. With a focus on oil, gas, coal and power markets, the report provides a complete picture of the country situation, dynamics, current issues and future prospects. With 2016 market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities.

  • Institutions & Energy Policy

    The State Secretary for Energy within the Ministry of National Developmentis in charge of energy matters.

    The Hungarian Energy and Public Utility Regulatory Authority (MEKH) is the independent agency in charge of regulating the electricity and gas sectors, following the restructuration in 2013 of the former Energy Office(MEH).

    The 2012 National Energy Strategy until 2030 aims to ...

  • Energy Companies


    MOL, Magyar Oil Company (State 25.2%, Oman Oil 7.1%, and OTP Bank 6.1%)is Hungary's national oil company, and its activities range from exploration-production to refining and distribution. It was created through the regrouping of the oil activities of the former national oil and gas company, OKGT (Orszagos Koolaj es Gazipari Troszt), which was privatised in two waves in 2004 (10.9%) and ...

  • Energy Supply


    Hungary has some energy reserves: coal and lignite, with high and increasing cost of extraction (276 Mt of coal and 2.6 Gt of lignite in 2016), and hydrocarbons (8.5 bcm of reserves for gas and 28 mbl for oil in 2016), also with high costs of exploration and production. The country's hydropower potential is limited (7 TWh), but it does have geothermal resources (installed thermal capacity ...

  • Energy Prices


    Industrial and residential electricity prices doubled between 2000 and 2010. Residential prices have been declining since then (-31% until 2015), due to successive price cuts in 2013 and 2014 (-10% in January 2013, -11% in November 2013 and -12% in 2014); they dipped by 1.3% in 2016. Industrial prices plateaued until 2013 and have fallen since then (by 20% until 2016). Electricity prices ...

  • Energy Consumption

    Energy consumption per capita is 2.5 toe (20% below the EU average), including 3 800 kWh of electricity (31% below the EU average) (2016).

    Total energy consumption fluctuated between 25 Mtoe and 27 Mtoe between 2000 and 2010. After a 13% decline between 2010 and 2013, primary consumption has been recovering (+3%/year), reaching 24 Mtoe in 2016.


  • Issues & Prospects

Download the Table of Contents

In the Hungary market report you will find the graphs mentioned below:

  • GRAPH 1: CO2-energy emissions (MtCO2)
  • GRAPH 2: Installed electric capacity by source (2016, %)
  • GRAPH 3: Gross power production by source (TWh)
  • GRAPH 4: Power generation by source (2016, %)
  • GRAPH 5: Map of oil infrastructure
  • GRAPH 6: Map of natural gas infrastructure
  • GRAPH 7: Gasoline & diesel prices (€/l)
  • GRAPH 8: Electricity prices for industry and households (€c/kWh)
  • GRAPH 9: Gas prices for industry and households (€c/kWh GCV)
  • GRAPH 10: Consumption trends by energy source (Mtoe)
  • GRAPH 11: Total consumption market share by energy (2016, %)
  • GRAPH 12: Final consumption market share by sector (2016, %)
  • GRAPH 13: Oil consumption (Mt)
  • GRAPH 14: Oil consumption breakdown by sector (2016, %)
  • GRAPH 15: Electricity consumption (TWh)
  • GRAPH 16: Electricity consumption breakdown by sector (2016, %)
  • GRAPH 17: Natural gas consumption (bcm)
  • GRAPH 18: Gas consumption breakdown by sector (2016, %)
  • GRAPH 19: Coal consumption (Mt)
  • GRAPH 20: Coal consumption breakdown by sector (2016, %)

In the Hungary market report you will find follow tables:

  • Economic Indicators: Annual historical data including population, GNP growth, imports & exports, inflation rate, energy security and efficiency indicators, CO2 emissions.
  • Supply Indicators: Historical data including oil & gas reserves, electric & refining capacity, energy production, power production and external trade. All detailed by energy source.
  • Demand Indicators: Historical data includes consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source & sector, and, electricity consumption by sector.
  • Energy Balances: Unique tabular display of the overall energy industry balance per annum, also graphically displayed by energy sub-segment.
  • Infrastructure Projects: Covers power plant projects by energy, technology, status and operator.

The Hungary market data since 1990 included in the Excel file is given below.
Historical evolution allows to easily work with the data.

2016 Key Data included in the excelsheet:

  • Economic indicators: Annual historical economic indicators, energy security, energy efficiency and CO2 emissions.
  • Supply indicators: Annual historical reserves, capacity, production and external trade (imports(+) exports(-) balance).
  • Demand indicators: Annual historical consumption per capita, consumption trends, total consumption, final consumption (per energy and per sector) and electricity consumption total and per sector.
  • Energy Balance: total and per energy.
  • Hungary Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Hungary energy prices for the follow items: price of premium gasoline (taxes incl.), price of diesel (taxes incl.), price of electricity in industry (taxes incl.), price of electricity for households (taxes incl.), price of natural gas in industry (taxes incl.), prices of natural gas for households (taxes incl.), spot price of Brent and CO2 emissions (from fuel combustion).

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